Sunday, March 8, 2009

Money Part 2

I just looked at the Iraqi Coalition Provisional Authority's website, which is still up and being sponsored by (BUY IRAQI DINARS!) The third story on the page (from June 2004) boasted that representatives of Iraq's banks are meeting with U.S. and international financial experts.
"Reconstruction and modernization of the private banking sector is essential for economic growth in Iraq," said Kevin Woelflein, Senior Advisor to the Iraqi Ministry of Finance with the Coalition Provisional Authority. "This visit has provided the delegates with a valuable opportunity to learn about modern banking practices and will help to make private banks the core of the future banking structure in Iraq."
I wonder how it all worked out.

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